An External View of a Mega Project Based Upon the Outcome

question 91

Multiple Choice

An external view of a Mega Project based upon the outcome of similar projects undertaken in the past is known as:

• A) Pareto Charting.
• B) The Monte Carlo Method.
• C) Reference Class Forecasting.
• D) Big Data Analysis.
• E) White elephant.

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Definitions:

Collective Bargaining

Collective Bargaining is the process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.

Communist Influence

Refers to the impact or efforts by communist ideologies or parties to shape or direct political, social, or economic landscapes in various nations.

Mechanization

The use of machinery and technology to increase production efficiency, particularly in agriculture and manufacturing, significantly transforming manual labor processes.